What is IPO Grey Market Premium (GMP)?

IPO Grey Market Premium (GMP) is an unofficial, over-the-counter premium over the issue price that dealers and investors pay prior to official listing on NSE/BSE.

How is estimated IPO listing price determined?

Estimated Listing Price = Cut-off / Issue Price + Current Grey Market Premium (GMP). For example, an issue price of ₹100 with ₹40 GMP yields an estimated listing price of ₹140 (+40%).

What is Kostak rate in an IPO?

Kostak rate is the fixed profit earned by selling an IPO application before allotment, irrespective of whether the application is allotted shares or not.

What is Subject to Sauda in IPO trading?

Subject to Sauda is an informal contract where payment is made only if the seller receives share allotment in the IPO.

Is IPO Grey Market Premium (GMP) regulated by SEBI?

No. Grey Market transactions are non-exchange over-the-counter commitments and are not officially regulated or endorsed by SEBI. Investors should treat GMP as an informal sentiment indicator.

What is the current subscription status of Humming Bird Education Limited IPO?

Humming Bird Education Limited IPO has received a total subscription of 0.00 times overall.

IPO GreyPremiumLIVE

Grey Market Intelligence

Humming Bird Education Limited

ListedSME

Consumer Services · BSE

Incorporated in 2010, Delhi-based Humming Bird Education Limited is engaged in the business of organizing Olympiad exams for school students from Class 1 to 12. The company conducts various subject-based Olympiads including Mathematics, Science, English, Hindi, General Knowledge, Computer, Commerce, Problem Solving, and even a combined test under multiple categories. It also offers a Spell Bee competition and a Multiple Intelligence Test. These exams aim to evaluate students' factual, conceptual, analytical, and problem-solving skills. Participants are provided with study material, a mobile app, and a detailed performance analysis report. The company operates under an asset-light, centrally managed model. For FY2016, FY2017, and FY2018, the company recorded gross revenues of ₹51.56 lakhs, ₹93.70 lakhs, and ₹117.09 lakhs respectively, and corresponding PATs of ₹0.78 lakhs, ₹4.46 lakhs, and ₹10.57 lakhs.

Price Band

₹132

Issue Size

₹2.15 Cr

Lot Size

1000 shares

GMP

—

Est. Listing

₹132

at current GMP

Subscribed

—

Open

15 Mar 2019

19 Mar 2019

Allotment

26 Mar 2019

Refund

27 Mar 2019

Demat Credit

28 Mar 2019

Listing

28 Mar 2019

Last updated 12 days ago

Overview Live GMP Subscription Status Allotment Status Filing Documents

Overall Subscription

0.00x

Total Demand

QIB Multiplier

0.00x

Institutions & Funds

NII / HNI

0.00x

High Net-Worth

Retail (RII)

0.00x

Individual Bidders

Category-Wise Subscription Breakup

Live bidding breakdown by institutional, non-institutional, and retail investors

Total 0.00x

Category	Shares Offered	Shares Applied / Bid	Times Subscribed
Qualified Institutional (QIB)	81,439	—	0.00x
Non-Institutional (NII / HNI)	24,432	—	0.00x
Retail Individual (RII)	57,008	—	0.00x
Total	162,879	0	0.00x

Application-Wise Breakup

Total unique applications received across retail and HNI tranches

Apps 1.00x

Category	Applications Reserved	Applications Received	Times Subscribed
Retail (RII)	57	57	1.00x
HNIs (10L +)	1	1	1.00x
HNIs (2-10L)	2	2	1.00x
Total Applications	60	60	1.00x

Day-Wise Subscription Progress

Track continuous institutional and retail bidding order books for all active issues on the ipo live subscription feed.

About Humming Bird Education Limited Public Issue & Market Profile

Humming Bird Education Limited is bringing an initial public offering (IPO) in the Consumer Services sector with an aggregate issue size of ₹2.15 Crores. The shares are offered at a price band of ₹132 to ₹132 per equity share on BSE. Currently, investors are tracking the grey market premium (GMP) and institutional subscription multiples closely across BSE and NSE portals.

Bidding & Quota Instructions:

The public offer consists of a fresh issue and offer-for-sale structured under SEBI regulations. Bidding is open to Qualified Institutional Buyers (QIB), Non-Institutional Bidders (NII/HNI), and Retail Individual Investors (RII). Applications can be submitted online using ASBA or UPI mandate through certified stock brokers and net banking portals.

Allotment Reconciliation Schedule:

Following the close of bidding on 2019-03-19, the basis of allotment is scheduled to be finalized on 2019-03-26. Investors can verify their application status online by submitting their PAN card number, Application Number, or DP Client ID on the registrar's official portal (Bigshare Services Private Limited) or the BSE allotment checking window.

Frequently Asked Questions

What is Humming Bird Education Limited IPO GMP today?

Currently, Humming Bird Education Limited IPO Grey Market Premium (GMP) is not actively quoted or is quoted flat at ₹0. The shares are expected to list close to the issue price band of ₹132 to ₹132 per equity share.

What is the expected profit per lot for Humming Bird Education Limited IPO?

The retail lot size is 1000 shares requiring a minimum application amount of ₹1,32,000. Expected listing price is ₹132 per equity share.

What is the issue size and price band for Humming Bird Education Limited IPO?

The Humming Bird Education Limited IPO aggregate issue size is ₹2.15 Crores with an equity price band set at ₹132 to ₹132 per equity share. The retail lot size is 1000 shares requiring a minimum capital outlay of approx. ₹1,32,000.

How can I check Humming Bird Education Limited IPO live subscription demand?

Live subscription figures are compiled real-time from the NSE and BSE bidding engines. Currently, overall subscription is 0.00x (Retail: 0.00x, QIB: 0.00x, NII: 0.00x). You can track live multiples directly on our dedicated subscription page.

Where and when will Humming Bird Education Limited IPO allotment status be published?

The basis of allotment will be published on the official registrar portal (Bigshare Services Private Limited) and the BSE status verification website on or around 2019-03-26. Investors can verify status using PAN card or application number.

When is the listing date for Humming Bird Education Limited IPO?

Humming Bird Education Limited shares are scheduled to list on BSE on 2019-03-28.